The report covers the analysis and forecast of the augmented reality mobile application market on global as well as regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Mn).

The study provides a detailed view of the augmented reality mobile application market, by segmenting it based on bicomponent, by application and regional demand. Robust smartphones development in the past several years propels the growth of the augmented reality mobile applications market. Growing demand for gaming consoles and smart glasses for consumer electronics like tablets and handsets is another prime factor driving the market demand. Additionally, extensive use of augmented reality mobile applications in industries such as gaming & entertainment, lifestyle & healthcare, and education & learning are also driving the demand for this market.

Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The segmentation also includes by component and by the application in all regions. These include different business strategies adopted by the leading players and their recent developments.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the augmented reality mobile application market at the global and regional levels. Market dynamics are the factors which impact the market growth, so their analysis helps to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the augmented reality mobile application market.

The report provides the size of the augmented reality mobile application market in 2017 and the forecast for the next eight years up to 2025. The size of the global augmented reality mobile application market is provided in terms of revenue. Market revenue is defined in US$ Mn. The market dynamics prevalent in North America, Europe, Asia Pacific, Middle East and Africa and Latin America has been taken into accounting estimating the growth of the global market.

Market estimates for this study have been based on revenue being derived through regional pricing trends. The augmented reality mobile application market has been analyzed based on expected demand. The bottom-up approach is done to estimate the global revenue of the augmented reality mobile application market, split into regions. Based on the component, and application, the individual revenues from all the regions are summed up to achieve the global revenue for augmented reality mobile application. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of augmented reality mobile application several privately held companies, calculated assumptions have been made in view of the company’s penetration and regional presence.

Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Augmented reality (AR) devices are designed to make an environment which differs from the real-life environment and gives a digital interface by setting up virtual objects in real time. Augmented reality devices have a significant difference from virtual reality devices as it uses the existing environment and overlay information on top of it. Augmented reality devices are accessible commonly through smartphone which leads to the development of various augmented reality apps. These apps are the application which combines the digital visual, audio content and other types into the user’s real-life environment. Augmented reality devices use software which is used in various industries such as public safety, healthcare, tourism, gas and oil, and marketing. Some of the popular AR apps are Google Sky Map, PokemonGo, and Lookator etc. Additionally, users can use these devices to create a 3D environment with 3D models with the help of a tablet or a smartphone.

The rise of smartphones, tablets and rapid growth in the creation of mobile app store has propelled the growth of the global augmented reality mobile application market. Growing information and communication technology in emerging countries such as India, China are the important factor for making the market demanding during the estimated period. Increasing penetration of digital information along with gaming apps, demand for smart glasses, MAR apps in gaming and entertainment across the globe aresome of the key drivers for the growth of this market. In addition, growing application of augmented reality mobile application in healthcare, gaming and entertainment, education and learning and in other areasare expected to make the market more demanding in the coming years.

The global augmented reality mobile application market in the report is segmented bycomponent which includes hardware and software. The hardware is further sub-segmented into display sensors, semiconductor component, and others. Based on Application, the market has been analyzed as gaming and entertainment, lifestyle & healthcare, marketing and advertisement, education & learning and others.Moreover, the global augmented reality mobile application market has been geographically segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.

In addition to this, rising information and communication technology development in Asia-Pacific, makes the region hold the largest market share.Demand for augmented reality mobile applications in gaming and entertainment along with other industries are mainly driving the European and North America market.Rapid growth forapplication ofaugmented reality mobile applicationcomponents in countries such as Brazil and Argentinaare the major reason driving the demand for augmented reality mobile application in LatinAmerica region. App development projects and increasing investment in smart glassesare expected to influence the growth of this market in the Middle East and Africa region.

However, development cost, and lack of privacy may impose a restriction on the growth of a global augmented reality mobile application market.

Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com